Wednesday, March 25, 2020

Indian Oil cuts capacity utilisation by 25-30% as fuel demand falls

"Upliftment of finished products from them in the last one week has helped up country bulk storage locations of the Corporation build up their stocks for future-readiness once the countrywide lockdown is lifted and the demand picks up again. The Corporation is keeping a close watch on global cues and the changing market scenario and initiating actions accordingly," Indian Oil said.

from Energy-Industry-Economic Times https://ift.tt/2UH09ei

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